Read on Twitter
This is how the system is rigged.
The elites aren't even trying to hide it.
Robinhood, who's revenue is largely tied to Citadel, restricts trading in $GME, $AMC, and $NOK.
Users can only sell, not buy. https://seekingalpha.com/news/3655535-watch-gamestop-amc-as-robinhood-reportedly-locking-out-traders
The elites aren't even trying to hide it.
Robinhood, who's revenue is largely tied to Citadel, restricts trading in $GME, $AMC, and $NOK.
Users can only sell, not buy. https://seekingalpha.com/news/3655535-watch-gamestop-amc-as-robinhood-reportedly-locking-out-traders
Jeffries is restricting trading in the most shorted stocks group (source to be added).
TD Ameritrade has restricted trading in Wall Street Bets names like $GME, etc. https://www.bloomberg.com/news/articles/2021-01-27/robinhood-schwab-among-online-brokers-hit-by-service-disruption?sref=O0YTMMj9
The CEO of the Nasdaq is considering changing the rules for institutions so they can "recalibrate" their positions
https://twitter.com/Mediaite/status/1354504710695362563
https://twitter.com/Mediaite/status/1354504710695362563
These are all "coercible entities" that can rig the system and is wildly bullish for DeFi and Cryptocurrencies in general.
A free market should be just that. Free.
A free market should be just that. Free.
$GME stock halted 3 minutes into trading.
$GME "not shortable"
This is non-partisan: AOC and Don Trump Jr. are in fierce agreement over this rigging of the system.
$GME now halted a 2nd time in 8 minutes of trading
$SNDL, another meme stock, up 88%, but will almost certainly be halted.
And just like that $SNDL is halted
$SNDL halted a 2nd time. Where are the "free market" guys on CNBC?
More evidence of rigging. "Recalibrate" as the CEO of Nasdaq says
According to Goldman Sachs, Hedge funds are "de-grossing" (selling longs, covering shorts) amidst the sharpest Fundamental Long/Short alpha drawdown in years
According to Goldman Sachs, Hedge funds are "de-grossing" (selling longs, covering shorts) amidst the sharpest Fundamental Long/Short alpha drawdown in years
The Reddit Army is not playing. Someone paid $119.91 for the $570 call strike expiring next week (!) in $GME for a total of $2.3M on one trade.
This means the price has to trade above $689.91 for the options to be in the money.
This is why hedge funds are shaking in their boots
This means the price has to trade above $689.91 for the options to be in the money.
This is why hedge funds are shaking in their boots
Of all the available out of the money calls in $GME, the highest strike possible, $570, has the highest volume by far.
These expire TOMORROW.
This is what the makings of a gamma squeeze look like.
These expire TOMORROW.
This is what the makings of a gamma squeeze look like.
"In USD terms, US single stocks on the Goldman Sachs Prime book saw the largest de-grossing flow on our record"
"Yesterday's short covers (+11.2 SDs) and long sales (-8.5 SDs) in US Single Stocks were both the largest on our record."
A -10.9 standard deviation move.
Wow.
"Yesterday's short covers (+11.2 SDs) and long sales (-8.5 SDs) in US Single Stocks were both the largest on our record."
A -10.9 standard deviation move.
Wow.
GERMAN ONLINE BROKER TRADE REPUBLIC SUFFERS PARTIAL OUTAGE; DUE TO EXTREMELY HIGH TRADING VOLUMES
Robinhood now restricting trading in $DOGE, a meme-coin cryptocurrency.
Another reason why Decentralized exchanges will soon be having their moment
Another reason why Decentralized exchanges will soon be having their moment
Actually, all crypto is unavailable on Robinhood
I recommend @ftx_us for US Investors: http://bit.ly/ftx-us
I recommend @FTX_Official for everyone else: http://bit.ly/ftx-ftw
Robinhood aims to "democratize finance for all" which is why they are restricting you from trading "certain securities"?
https://blog.robinhood.com/news/2021/1/28/keeping-customers-informed-through-market-volatility
https://blog.robinhood.com/news/2021/1/28/keeping-customers-informed-through-market-volatility
Lots more being discussed here: http://bit.ly/market-mercenaries
This is coordinated rigging.
Now another broker, Tastyworks, is restricting trading in $GME, $AMC, $KOSS, etc.
Now another broker, Tastyworks, is restricting trading in $GME, $AMC, $KOSS, etc.
Ted Cruz now agreeing with AOC
ROBINHOOD PLACING FREEZES AND SEIZING CAPITAL ON ACCOUNTS THEY SUSPECT OF MARKET MANIPULATION PER SEC ORDER
Citibank now dramatically restricting transfers to external accounts.
And the real winners have arrived, the lawyers.
A class-action lawsuit against Robinhood has been filed in the Southern District of NY
https://ecf.nysd.uscourts.gov/doc1/127128425123
A class-action lawsuit against Robinhood has been filed in the Southern District of NY
https://ecf.nysd.uscourts.gov/doc1/127128425123
Meanwhile, the cryptoassets representing the decentralized exchanges are ripping higher.
What's that tell you?
$1INCH $SUSHI $UNI
https://app.uniswap.org/#/swap
https://sushiswap.fi
https://1inch.exchange/
What's that tell you?
$1INCH $SUSHI $UNI
https://app.uniswap.org/#/swap
https://sushiswap.fi
https://1inch.exchange/
Merrill Edge now joins in on the trading restriction of $GME and $AMC https://www.streetinsider.com/Momentum+Movers/Merrill+Edge+said+to+have+put+restrictions+on+trading+in+AMC+Entertainment+(AMC),+GameStop+(GME)/17879212.html
Citadel accounts for 40 out of every 100 shares traded by individual/retail investors in the United States.
That's one company responsible for 40% of market-making.
When volatility increases, spreads widen, and they make even more money.
Citadel made $4.1B in profit last year.
That's one company responsible for 40% of market-making.
When volatility increases, spreads widen, and they make even more money.
Citadel made $4.1B in profit last year.
Look who is on Citadel's Advisory Board - Ben Bernanke, the Fed Chairman responsible for the first bank bailouts.
Just a coincidence right?
https://www.citadel.com/leadership/dr-ben-s-bernanke/
Just a coincidence right?
https://www.citadel.com/leadership/dr-ben-s-bernanke/
The elites are only fanning the flames.
Read the room, Leon.
Read the room, Leon.
Robinhood literally closing out positions against the user's will in $GME.
I'm sure they have something in their ToS about this, but wow.
I'm sure they have something in their ToS about this, but wow.
Fox News' Gasparino: Regulatory sources say SEC will be looking at a market manipulation case on Robinhood and Reddit issues; expect SEC to ask for Robinhood's blue sheets trading data, and try to match it up with suspicious comments on Reddit - Source http://TradeTheNews.com
In other words, they are going to go after retail investors instead of Citadel, Melvin Capital, Point 72, D1, etc.
This is how it is rigged.
This is how it is rigged.
This is what it looks like when they rig the system.
The daily trading volume on a day where $GME made a new all time high is anemic.
The volume was so low it was below its 50 day moving average.
The daily trading volume on a day where $GME made a new all time high is anemic.
The volume was so low it was below its 50 day moving average.
Citadel paid Robinhood $98M last quarter alone for order flow (PFOF), most of that was options.
Robinhood's business is tightly coupled to PFOF.
This is how they rig it.
(Hat tip @JohnStCapital)
Robinhood's business is tightly coupled to PFOF.
This is how they rig it.
(Hat tip @JohnStCapital)
Oh weird, the day you can only sell highly shorted stocks they are almost ALL down huge.
These are the top 50 most shorted stocks on the market.
This is how it's rigged.
These are the top 50 most shorted stocks on the market.
This is how it's rigged.
This story only gets better/worse
https://www.bloomberg.com/news/articles/2021-01-28/robinhood-app-is-said-to-draw-on-credit-lines-from-banks-amid-trading-frenzy
https://www.bloomberg.com/news/articles/2021-01-28/robinhood-app-is-said-to-draw-on-credit-lines-from-banks-amid-trading-frenzy
New York Attorney General Letitia James today released the following statement:
“We are aware of concerns raised regarding activity on the Robinhood app, including trading related to the GameStop stock. We are reviewing this matter.”
“We are aware of concerns raised regarding activity on the Robinhood app, including trading related to the GameStop stock. We are reviewing this matter.”
ROBINHOOD LIKELY TO RAISE MARGIN REQUIREMENTS, SYSTEM IS UNDER STRESS - CNBC
